Presentation is loading. Please wait.

Presentation is loading. Please wait.

Introduction to Accounting BUSI 120A

Published bySherilyn Grant Modified over 5 years ago

Similar presentations

Presentation on theme: "Introduction to Accounting BUSI 120A"— Presentation transcript:

1 Introduction to Accounting BUSI 120A
Nancy Goehring

2 Introductions Name Why you are taking this course
Why you are in school

3 Definitions Syllabus Accounting Business transaction
Analyzing, classifying, recording, summarizing, and interpreting business transactions in financial terms Business transaction An event that has a direct effect on the operation of a business

4 Definitions Bookkeeper Accountant
Records business transactions in financial terms Accountant Designs and implements the system that the bookkeeper uses

5 Importance of Accounting Information
You will be dealing with Accounting forms Accounting language Accounting reports Users of accounting information Owners - Managers Creditors - Government agencies Suppliers

6 Career Opportunities Accounting clerk General bookkeeper
Public accountant Managerial accountant Not for profit accounting

Download ppt "Introduction to Accounting BUSI 120A"

Similar presentations

1-1 Skyline College Chapter 1. 1-2 The Need for Financial Information In running a business, you need answers to questions. $ How much cash does the business.

1-1 Skyline College Chapter The Need for Financial Information In running a business, you need answers to questions. $ How much cash does the business.
© The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin 1-1 Financial Accounting THIRTEENTH EDITION Williams Haka Bettner Carcello.

© The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin 1-1 Financial Accounting THIRTEENTH EDITION Williams Haka Bettner Carcello.
Unit 1 ACCOUNTING IN ACTION.

Unit 1 ACCOUNTING IN ACTION.
Introduction to Accounting Chapter 1. Accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial.

Introduction to Accounting Chapter 1. Accountant handles a broad range of responsibilities, makes business decisions, and prepares and interprets financial.
Accounting Is Fun! Introduction To Accounting

Accounting Is Fun! Introduction To Accounting
Introduction to Accounting

Introduction to Accounting
INTRODUCTION TO ACCOUNTING INFORMATION SYSTEMS. Accounting — An Information Process Accounting — An Information Process Identification of Users.

INTRODUCTION TO ACCOUNTING INFORMATION SYSTEMS. Accounting — An Information Process Accounting — An Information Process Identification of Users.
Job Opportunities in Accounting

Job Opportunities in Accounting
Accounting: The Language

Accounting: The Language
ACCOUNTING - AN INTRODUCTION BY: WAQAR AHMAD LECTURER MANAGEMENT SCIENCE DEPARTMENT RANA UNIVERSITY KABUL, AFGHANISTAN.

ACCOUNTING - AN INTRODUCTION BY: WAQAR AHMAD LECTURER MANAGEMENT SCIENCE DEPARTMENT RANA UNIVERSITY KABUL, AFGHANISTAN.
BAFS – S.5 Elective Accounting Module. Overview – What is Accounting? It is a “Specialized language” of business. – enables you to communicate and understand.

BAFS – S.5 Elective Accounting Module. Overview – What is Accounting? It is a “Specialized language” of business. – enables you to communicate and understand.
 Semester End Examination – 60 Marks  Attendance/Participation/Work Sheets – 10 Marks  Class Test – 15 Marks  Presentations – 15 Marks.

 Semester End Examination – 60 Marks  Attendance/Participation/Work Sheets – 10 Marks  Class Test – 15 Marks  Presentations – 15 Marks.
© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 1-1 Financial & Managerial Accounting The Basis for Business Decisions THIRTEENTH EDITION Williams.

© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 1-1 Financial & Managerial Accounting The Basis for Business Decisions THIRTEENTH EDITION Williams.
© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 1-1 ACCOUNTING: INFORMATION FOR DECISION MAKING Chapter 1.

© The McGraw-Hill Companies, Inc., 2005 McGraw-Hill/Irwin 1-1 ACCOUNTING: INFORMATION FOR DECISION MAKING Chapter 1.
Accounting is a very old concept – as old as money. A description of proper keeping of accounts is found mentioned ‘Arthashashtra’ written by Kautilya.

Accounting is a very old concept – as old as money. A description of proper keeping of accounts is found mentioned ‘Arthashashtra’ written by Kautilya.
Amity School of Business FINANCIAL ACCOUNTING. Module I Introduction to Accounting.

Amity School of Business FINANCIAL ACCOUNTING. Module I Introduction to Accounting.
Chapter 1. ◦ Is the business earning enough profit? ◦ Is the selling process appropriate? ◦ How much does the business owe to debtors? ◦ Are clients paying.

Chapter 1. ◦ Is the business earning enough profit? ◦ Is the selling process appropriate? ◦ How much does the business owe to debtors? ◦ Are clients paying.
The Accounting Equation o The resources owned by a business are its assets. o The rights of creditors are the debts of the business and are called liabilities.

The Accounting Equation o The resources owned by a business are its assets. o The rights of creditors are the debts of the business and are called liabilities.
Chapter 1 Review. An amount owed by a business. liability.

Chapter 1 Review. An amount owed by a business. liability.
McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Accounting and the Business Environment Chapter 1.

McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Accounting and the Business Environment Chapter 1.

Similar presentations

Ads by Google